Fed’s Collins Says a Rate Cut May Be Appropriate in the Near Term
According to ChainCatcher, citing Jinshi News, Federal Reserve official Collins stated that if the outlook for the labor market deteriorates, it may be appropriate to cut interest rates in the short term. He emphasized that it is not necessary to wait until inflation is fully clarified before considering a rate cut.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former Bitget Wallet founder reveals Bitget Wallet is raising funds at a $2 billion valuation
Zcash proposes a dynamic fee mechanism to address network congestion and rising transaction costs
ZachXBT: UK hacker Danny/Meech has been confirmed arrested
Trending news
MoreCrypto prices
More
